How much do you need to earn to have a similar or better standard of living in another country? We discuss cost of living, quality of life and issues that impact expats. And offer International cost of living index comparison and expat salary calculators.

Saturday, July 13, 2019

Hong Kong is the most expensive city in the world for an expatriate professional migrant to live in as at July 2019, followed by Singapore and Monaco. Hong Kong is the most expensive city due to the very high cost of housing and healthcare, as well as the strong Hong Kong dollar which is fixed against the US Dollar.Singapore's education system, which is widely regarded as the best in the world, is also the most expensive for expatriates when priced in US Dollars, the cost of housing is also extremely high due to the limited space and premium on high quality expatriate accommodation, while the complex Certificate of Entitlement system makes car prices excessive, resulting in Singapore’s transport costs being amongst the highest in the world.

The latest available inflation rate for all countries world wide (as available on 12 July 2019). Some highlights include:
57.3% for Argentina as at May 2019
-0.2% for Cyprus as at June 2019
50.4% for Iran as at June 2019
15.72% for Turkey as at June 2019
1.6% for the United States as at June 2019
282972.8% for Venezuela as at April 2019
8.6% for Zambia as at June 2019
97.85% for Zimbabwe as at May 2019